About Avance Pay
Avance Pay is a Technology company based in Bern (Switzerland) founded in 2011. Ticket Payment Transaction Services. It operates in the Technology and Financial Services sectors. Avance Pay has raised $2.1 million across 1 funding round. Avance Pay offers products and services including Cashless Payment System, Registrierkassen Systeme, Access Control System, Akkreditierungssystem, and Kundenbindungsprogramme. Its focus areas include Enterprise Applications, Events Tech, Ticketing and Enterprise. Its legal entity is Avance Pay AG.
Company details
Avance Pay AG was established in 2011 in Bern, Switzerland, within the high-tech sector. Mobile payment and mobile ticketing solutions are developed and implemented by the company. Secure, contactless payment and transaction services are delivered to principal participants in the ticketing sector. Operations focus on efficient transaction processing for various ticketing applications across Europe.
- Headquarters Bern, Switzerland
- SectorsTechnologyFinancial Services
- Website cms2.avance-pay.com
- Social LinkedIn
- Legal Name Avance Pay Ag
- Total Equity Funding$2.1M (USD)
in 1 rounds
- Latest Funding Round$2.1M (USD), Seed
Nov 2013
Products & Services of Avance Pay
Avance Pay offers a comprehensive portfolio of products and services, including Cashless Payment System, Registrierkassen Systeme, Access Control System, Akkreditierungssystem, and Kundenbindungsprogramme.
Enables offline cashless transactions for events and businesses.
Provides secure, intuitive cash register solutions for retail.
Manages entry permissions using RFID for events and venues.
Handles participant accreditation and first impressions at events.
Supports customer retention through integrated programs.
Funding Insights of Avance Pay
Avance Pay has successfully raised a total of $2.1M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.1 million completed in November 2013. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2.1M
- Total Rounds 1
- Last Round Seed — $2.1M
- First Round $2.1M
(Nov 2013)
All 1 funding rounds of Avance Pay with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2013 | $2.1M | Seed | – | – | – |
Timeline of Avance Pay
2 dated milestones of Avance Pay across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Avance Pay is founded.
- Funding First funding round of $2.1M.
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Frequently Asked Questions about Avance Pay
Avance Pay was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Avance Pay is headquartered in Bern, Switzerland. It is registered at Bern, Bern, Switzerland.
Avance Pay is a funded company, having raised a total of $2.1M across 1 funding round to date. The company's 1st funding round was a Seed of $2.1M, raised on Nov 2013.
Avance Pay AG was established in 2011 in Bern, Switzerland, within the high-tech sector. Mobile payment and mobile ticketing solutions are developed and implemented by the company. Secure, contactless payment and transaction services are delivered to principal participants in the ticketing sector. Operations focus on efficient transaction processing for various ticketing applications across Europe.
Avance Pay offers Cashless Payment System, Registrierkassen Systeme, Access Control System, Akkreditierungssystem, and Kundenbindungsprogramme.
Avance Pay operates through Avance Pay Ag.